It's Time the Word "Oligarch" Lost Its Russian Veneer(motherjones.com)
motherjones.com
It's Time the Word "Oligarch" Lost Its Russian Veneer
https://www.motherjones.com/politics/2024/01/oligarchs-russia-america-wealth-power/
2 comments
They wrote "the term has always referred to those empowered politically by massive wealth" but a more precise term for that is plutocrat. I always understood oligarchy as rule by any small group.
All self-proclaimed 'democracies' are in fact 'oligarchies'.
I don't know of any true 'democracy' anywhere in the world.
I don't know of any true 'democracy' anywhere in the world.